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4        State of Rhode Island Division of Taxation                                                                                                                                                                     4
5        2024 Form RI-2210                                                                                                                                                                                              5
6        Underpayment of Estimated Tax by Individuals, Estates                                                                                                                  24101299990101                          6
7                                                                                                                                                                                                                       7
8                                                                                                                                                                                                                       8
   Name(s) shown on Form RI-1040, RI-1040NR or RI-1041                                                                                                                                       Your SSN or FEIN
9                                                                                                                                                                                                                       9
10                                                                                                                                                                                                                      10
11                                                                                                                                                                                                                      11
12 CHECK THE APPROPRIATE BOX   IF EITHER OF                         THE  CIRCUMSTANCES                                                                                 BELOW APPLY :                                    12
13                                                                                                                                                                                                                      13
14     TAXPAYER IS A FARMER OR FISHERMAN                                                                                                                                                                                14
15                                                                                                                                                                                                                      15
16     TAXPAYER IS USING THE ANNUALIZATION OF INCOME METHOD (RI-2210, Part 5)                                                                                                                                           16
17                                                                                                                                                                                                                      17
18 PART 1 - REQUIRED ANNUAL PAYMENT                                                                                                                                                                                     18
19  1 Enter your 2024   RI income tax from RI-1040, line 10a less lines 14d and 14e, RI-1040NR, line 13a less line 17d or RI-1041, line 14a                                                   1                         19
20  2 Enter 80% of the amount shown on line 1.................................................................................                                         2                                                20
21  3 RI withheld taxes paid for 2024 from RI-1040, line 14a, RI-1040NR, lines 17a and 17c or RI-1041, lines 15a and 15c......................                                                3                         21
22  4 Subtract line 3 from line 1.  If the result is $250.00 or less, do not complete the rest of this form........................................................                           4                         22
23  5 Enter2023your RI tax from RI-1040, line 10a less line 14d and 14e, RI-1040NR, line 13a less line 17d or RI-1041, line 14a...........                                                    5                         23
24  6 EnterSMALLERthe  of line 2 or line 5..................................................................................................................................................  6                         24
25                                                                                                                                                                                                                      25
26 PART 2 - SHORTCUT METHOD                                                                                                                                                                                             26
27 You can use this method if you meet the following conditions (Otherwise, you must complete parts 3 and 4 to figure your underestimating interest):27
28    1  You made no estimated payments  ORall 4 estimated payments were equal and paid by the appropriate due dates;                                                                                                   28
29    2    ANDyou did not complete RI-2210, Part 5 (Annualized Income Installment Worksheet).                                                                                                                           29
30  7 Enter the amount from Part 1, line 6 above.................................................................................................................                             7                         30
31  8 Total withholding and estimated tax you paid - RI-1040, lines 14a and 14b, RI-1040NR, lines 17a, 17b and 17c or RI-1041, lines 15a, 15b and 15c.                                        8                         31
32  9 Underpayment.  Subtract line 8 from line 7.  If zero or less, enter $0..........................................................................                                        9                         32
33 10 Multiply line 9 by 6.9762% (0.069762).......................................................................................................................                            10                        33
34 11 If the amount on line 9 was paid on or after 4/15/2025, enter $0                                                                                                                                                  34
35    If the amount on line 9 was paid before 4/15/2025, make the following calculation:                                                                                                                                35
36    The amount on line 9 (times) the number of days paid before 4/15/2025 (times) 0.000191 and enter the result here.                                                                       11                        36
37 12 UNDERESTIMATING INTEREST.  Subtract line 11 from line 10.  Enter here and on RI-1040, line 15b, RI-1040NR, line 18b or                                                                                            37
38    RI-1041, line 16b.                                                                                                                                                                      12                        38
39                                                                                                                                                                                                                      39
40 PART 3 - FIGURE YOUR UNDERPAYMENT                                                                                                                                               PAYMENT DUE DATES                    40
                                                                                                                                                                       Column A    Column B   Column C       Column D 
41                                                                                                                                                                     0715/2024   07/15/2024 09/15/2024     01/15/2025 41
42                                                          DRAFT                                                                                                                                                       42
43 13 Enter 50% of line 6 in Column B, 25% of line 6 in Column C and the re-                                                                                        13                                                  43
      maining 25% of line 6 in Column D ................................................................
44                                                                                                                                                                                                                      44
45 14 Annualized income installments from Part 5, line 33.  NOTE: Complete lines                                                                                                                                        45
46    15 through 17 in one column before completing the next column..................                                                                               14                                                  46
47                                                                                                                                                                                                                      47
48 15 Enter the amount from line 13 or line 14 if applicable ....................................                                                                   15                                                  48
49 16 Rhode Island tax withheld and estimated tax paid.  If line 16 is equal to or                                                                                                                                      49
50    more than line 15 for all installment periods, do not complete or file this                                                                                                                                       50
                                                                                                                                                                    16
51    form unless you report annualized income installments on line 14................                                                                                                                                  51
52                                                                                                                                                                                                                      52
   17 UNDERPAYMENT.  Subtract line 16 from line 15 OR09/30/2024
53                                                                                                                                                                                                                      53
54    OVERPAYMENT.  Subtract line 15 from line 16..................................................                                                                 17                                                  54
55                                                                                                                                                                                                                      55
56                                                                                                                                                                                                                      56
57                    NOTE:  Non-December 31, 2024 fiscal-year end taxpayers filing Form RI-1041 should refer                                                                                                           57
58                             to Form RI-2210C to calculate the amount of underestimating interest.                                                                                                                    58
59                                                                                                                                                                                                                      59
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4       State of Rhode Island Division of Taxation                                                                                                                                  4
5       2024 Form RI-2210                                                                                                                                                           5
6       Underpayment of Estimated Tax by Individuals, Estates                                                                        IMAGEONLY                                      6
7                                                                                                                                                                                   7
8                                                                                                                                                                                   8
   Name(s) shown on Form RI-1040, RI-1040NR or RI-1041                                                                                         Your SSN or FEIN
9                                                                                                                                                                                   9
10                                                                                                                                                                                  10
11                                                                                                                                                                                  11
12 PART 4 - HOW TO FIGURE THE CHARGES                                                                                                PAYMENT DUE DATES                              12
                                                                                                                          Column A   Column B   Column C                 Column D 
13                                                                                                                        07/15/2024 07/15/2024 09/15/2024               01/15/2025 13
   18 Payment date or date listed in instructions for line 18, whichever is earlier...      18
14                                                                                                                        MMDDYY     MMDDYY     MMDDYY                   MMDDYY     14
15 19 a Number of days from the installment date to the date of payment or the due                                                                                                  15
16    date of the next installment, whichever is earlier (see instructions) ............... 19a                             days     days       days                                16
17    b Number of days on line 19a X 12% X underpayment on line 17....................                                                                                              17
18                       366                                                                19b                                                                                     18
19 20 a Number of days from January 1, 2025 to the date of payment or January 15, 2025 whichever is earlier .........                     20a   days                                19
20    b Number of days on line 20a X 12% X underpayment on line 17.......................................................................                                           20
21                       365                                                                                                              20b                                       21
22 21 a Number of days from January 15, 2025 to the date of payment or April 15, 2025, whichever is earlier......................................                    21a   days 22
23    b Number of days on line 21a X 12% X underpayment on line 17 .................................................................................................                23
24                       365                                                                                                                                         21b            24
25 22 UNDERESTIMATING INTEREST. Total amount from all columns on lines 19b, 20b and 21b. Enter here and on RI-1040, line                                                            25
26    15b, RI-1040NR, line 18b or RI-1041, line 16b.  Attach this form to your Rhode Island return...................................................                22             26
27                                                                                                                                                                                  27
28                                                                                                                                                                                  28
29 Part 5 - Annualized Income Installment Worksheet                                                                                                                                 29
30 IMPORTANT: Complete one column lines 23 - 33 before completing the next column.                                        Column A   Column B   Column C                 Column D   30
31                                                                                                                        01/01/2024 01/01/2024 01/01/2024               01/01/2024 31
32                                                                                                                        03/31/2024 05/31/2024 08/31/2024               12/31/2024 32
33                                                                                                                                                                                  33
34 23 Figure your actual taxable income ...........................................................................                                                                 34
35                                                                                                                                                                                  35
36 24 Annualization amount...................... ........................................................................ 4          2.4        1.5                      1          36
37                                                                                                                                                                                  37
38 25 Multiply the amount on line 23 by the indicator on line 24 .......................................                                                                            38
39                                                                                                                                                                                  39
40 26 Figure your Rhode Island tax on the amount on line 25 ..........................................                                                                              40
41                                                                                                                                                                                  41
42 27 Applicable percentage.............................................................................................DRAFT20%     40%        60%                      80%        42
43                                                                                                                                                                                  43
44 28 Multiply the amount on line 26 by the applicable percentages on line 27.....................                                                                                  44
45                                                                                                                                                                                  45
46 29 Enter the combined amount from line 33 for all preceding periods...............................                                                                               46
47                                                                                                                                                                                  47
48 30 Subtract line 29 from line 28 (not less than zero) ....................................................                                                                       48
49                                                                                                                                                                                  49
50 31 Enter the amount from RI-2210, page 1, line 13 for the period plus the amount                                                                                                 50
51    from line 32 of this worksheet for the preceding period ...........................................                                                                           51
52                                                                                                                                                                                  52
   32 If line 31 is more than line 30, SUBTRACT line 30 from line 31, OTHERWISE enter $009/30/2024
53                                                                                                                                                                                  53
54 33 Enter the smaller of line 30 or line 31 here and on page 1, line 14.  For tax year                                                                                            54
55    2024, combine the amounts from Cols A and B and enter on page 1, line 14, Col B.                                                                                              55
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4             State of Rhode Island Division of Taxation                                                                                                        4
5             2024 Form RI-2210                                                                                                                                 5
6             Underpayment of Estimated Tax by Individuals, Estates                                                                                             6
7                                                                                                                                                               7
8  PURPOSE OF THIS FORM                                                           Line 15 - Enter the amount from line 13 (or from line 14, if line 14 was      8
9  Individuals should use this form to determine if their income tax was suffi-   completed).                                                                   9
10 ciently prepaid throughout the year by having Rhode Island tax withheld or     Line 16 - Withholding: You are considered to have paid Rhode Island with-     10
11 by paying Rhode Island estimated tax.  If not, a charge may be imposed         holding tax evenly during the year unless you can show otherwise.  There- 11
   on the underpayment of the taxes.  Complete Part 1 of this form to deter-      fore, you are considered to have paid one-fourth of your Rhode Island 
12 mine if the payment of the charge may be avoided.                              withholding on each installment due date.  Enter 50% of the total amount      12
13                                                                                withheld in Column B, 25% of the total amount withheld in Column C and        13
14 If you are a farmer or fisherman, or are using the annualization of in-        the remaining 25% of the total amount withheld in Column D.                   14
15 come method, check the appropriate box at the top of the form.                 Estimates: Enter the estimated taxes paid that were for 2024 tax year plus 15
                                                                                  any portion of your overpayment from 2023, which you elected to be ap-
16 FARMER AND FISHERMAN                                                           plied to 2024.                                                                16
17 If you meet both of the following tests, you may be exempt from the            Column B: Enter those payments made on or before July 15, 2024                17
18 charge for underpayment of estimated tax: 1Gross income from farming           Column C: Enter those payments made between July 16, 2024 and Sep-            18
19 or fishing is at least two thirds of your annual gross income; and,   2Filed   tember 15, 2024                                                               19
   Form RI-1040 or RI-1040NR and paid the tax due on or before March 1,           Column D: Enter those payments made between September 16, 2024 and 
20 2025. If you meet both of the tests, enter zero on Form RI-2210, line 22,      January 15, 2025.                                                             20
21 as well as on RI-1040, line 15b or RI-1040NR, line 18b.  Otherwise, sub-       If you filed your return on or before January 31, 2025 and paid the tax bal- 21
22 stitute 66.67 % for 80% on Part I, line 2 and complete Part 1 and Part 3,      ance in full, then enter that amount in column D.  This only applies to       22
23 Column D of this form.  Enter all Rhode Island withholding and estimates       those taxpayers who either were not required to make a Rhode Island es-       23
   paid in Column D.  Attach this form to your return or mail to RI Division of   timated tax payment prior to the January 15, 2025 installment date or in-
24 Taxation if the return has been previously filed.                              cluded their January 15, 2025 installment payment with the tax balance        24
25                                                                                paid on or before January 31, 2025.                                           25
26 ESTATES                                                                        Line 17 - Subtract line 16 from line 15 for any underpayments. Subtract       26
27 Estates are not required to file a declaration of estimated tax for the first  line 15 from line 16 for any overpayments.  Any overpayments on line 17       27
   two years after a decedent’s death.  If the estate qualifies for this exemp-   should be used to increase the amount entered on line 16 for the next in-
28 tion from remitting payments and is not subject to the charge for underesti-   stallment period.  Any underpayment on line 17 should be used to de-          28
29 mating interest, enter zero on Form RI-2210, line 22, as well as on            crease the amount on line 16 for the next installment period.  However, if    29
30 RI-1041, line 16b.                                                             you entered amounts on line 14, annualized income installments, and the       30
31                                                                                amounts on line 17 are zero ($0) or less for all installment periods, then    31
   PART 1 - REQUIRED ANNUAL PAYMENT                                               enter zero ($0) on line 22 and file this form with your return. 
32 Line 1 - Enter your 2024 RI tax from RI-1040, line 10a less lines 14d and                                                                                    32
33 14e, RI-1040NR, line 13a less line 17d or RI-1041, line 14a.                   PART 4 - HOW TO FIGURE THE CHARGE                                             33
34 Line 2 - Enter 80% of the amount shown on line 1.                              For tax year 2024 do not enter anything in Column A.                          34
35 Line 3 - Enter your 2024 RI taxes withheld from RI-1040, line 14a , RI-        Line 18 - Column B: Enter the date you paid the tax balance due for the       35
   1040NR, lines 17a and 17c or RI-1041, lines 15a and 15c.                       current installment or 9/15/2024, whichever is earlier.  
36 Line 4 - Subtract line 3 from line 1.  If the result is $250.00 or less you do Column C: Enter the date you paid the tax balance due for the current in-     36
37 not owe any amount and need not complete the rest of this form.                stallment or 12/31/2024, whichever is earlier.                                37
38 Line 5 - Enter your 2023 RI tax - RI-1040, line 10 less lines 14d and 14e,     Column D: Enter the date you paid the tax balance due for the current in-     38
39 RI-1040NR, line 13 less line 17d, or RI-1041, line 14a.  If you had no fed-    stallment or 4/15/2025, whichever is earlier.                                 39
   eral tax liability for 2023 and you were a Rhode Island resident during all    Line 19a - Column B: Enter the number of days from the installment due 
40 of 2023, and your 2023 federal tax return was (or would have been had          date to the date of payment or the due date of the next installment,          40
41 you been required to file) for a full 12 months, then enter zero (0).          whichever is earlier.                                                         41
42 Line 6 - Enter the smaller of line 2 or line 5 (including zero).  If line 6 is DRAFT Column C: Enter the number of days from the installment due date to the 42
43 zero, you do not owe any amount and need not complete the rest of this         date of payment or January 1, 2025, whichever is earlier.                     43
   form.  However, you must attach this form to your Rhode Island return.         Line 19b - Compute the charge using the applicable interest rates and 
44                                                                                number of days times underpayment entered on line 17 for each install-        44
45 PART 2 - SHORTCUT      METHOD                                                  ment period.  Divide the number of days from line 19a by the total number     45
46 Line 7 - Enter the amount from line 6.                                         of days in the year times the applicable interest rate times the amount of    46
47 Line 8 - Enter the total amount of estimated tax and withholding tax you       the underpayment on line 17 for each installment.                             47
   paid for 2024 (RI-1040, lines 14a and 14b, RI-1040NR, lines 17a, 17b and       Line 20a - Enter the number of days from January 1, 2025 to the date of 
48 17c or RI-1041, lines 15a, 15b and 15c).                                       payment or January 15, 2025, whichever is earlier.                            48
49 Line 9 - Subtract line 8 from line 7.                                          Line 20b - Compute the charge using the applicable interest rates and         49
50 Line 10 - Multiply line 9 by 6.9762% (0.069762).                               number of days times underpayment entered on line 17 for each install-        50
51 Line 11 - If you paid the tax balance after 4/15/2025, enter zero (0). If you  ment period.  Divide the number of days from line 20a by the total number     51
   paid the tax balance due before 4/15/2025, multiply the number of days         of days in the year times the applicable interest rate times the amount of 
52                                                                                                                                                              52
   paid before 4/15/2025 by the amount on line 9 and by 0.00019109/30/2024and enter the underpayment on line 17.  
53 the result on line 11.                                                         Line 21a - Enter the number of days from January 15, 2025 to the date of      53
54 Line 12 - Subtract line 11 from line 10.  Enter here and on RI-1040, line      payment or April 15, 2025, whichever is earlier.                              54
55 15b, RI-1040NR, line 18b or RI-1041, line 16b.                                 Line 21b - Compute the charge using the applicable interest rates and         55
                                                                                  number of days times underpayment entered on line 17 for each install-
56 PART 3 - FIGURE YOUR UNDERPAYMENT                                              ment period.  Divide the number of days from line 21a by the total number     56
57 For tax year 2024 do not enter anything in Column A.                           of days in the year times the applicable interest rate times the amount of    57
58 Line -13 Enter 50% of line 6 in Column B, 25% of line 6 in Column C and        the underpayment on line 17.                                                  58
59 the remaining 25% of line 6 in Column D.                                       The interest rate to be used is 12% per annum from January 1, 2025            59
   Line 14 - If your income varies during the year  , you may complete the an-    to December 31, 2025. 
60 nualized income installment worksheet.  However, if you complete and use       Line 22 - Add the amounts from all columns on lines 19b, 20b and 21b          60
61 line 14 for any installment you must complete it and use it for all install-   and enter the total here.  Include this amount with your tax balance pay-     61
62 ments.                                                                         ment and attach this form to your return.  If your Rhode Island tax return    62
   NOTE: COMPLETE1111111111222222222233333333334444444444555555555566666666667777777777888LINES 15-17 FOR ONE COLUMN BEFORE  has previously been filed, then attach your check to this form and mail it to 
   COMPLETING THE NEXT COLUMN.                                                    the RI Division of Taxation, One Capitol Hill, Providence, RI 02908-5806. 
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